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Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollars against the Hong Kong dollar, which hit ...
Hong Kong’s de-facto central bank spent more than a billion dollars propping up the city’s currency, as it sought to defend a ...
The Hong Kong dollar dropped to the weak end of its fixed trading range against the greenback, as cheap funding costs ...
Hong Kong is now in sole control of the printing and administration of its currency, which is controlled by the Hong Kong Monetary Authority (HKMA). In 1972, the HK dollar was pegged to the U.S ...
It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.
Hong Kongs de facto central bank, the Hong Kong Monetary Authority (HKMA), intervened in currency markets on Thursday by ...
The Hong Kong dollar is under attack from speculators. Like past attempts, this latest assault is based on a misunderstanding of Hong Kong’s political, economic and exchange-rate regimes.
Hong Kong could succumb to pressure to drop its currency’s tie to the U.S. dollar, which Craig Stephen says makes betting against the Hong Kong peg a viable investment strategy.
Hong Kong's de facto central bank said on Thursday it bought US$1.2 billion worth of Hong Kong dollars after the local ...
Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The former British colony still pegs the value of its money to that of the US dollar. It’s an ...
It fell to just 44.76 billion Hong Kong dollars ($5.7 billion) by Monday, the lowest level since November 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar.